Innovation and Firm Performance (eBook)

Preface 7
Contents 9
1 Introduction 12
1.1 Motivation 12
1.2 Background, Outline, and Research Strategies 16
2 Data Set and Descriptive Analysis 21
2.1 Mannheim Innovation Panel 21
2.2 Additional Data Sources 37
2.3 Descriptive Analysis: Innovation Activities in Germany 38
Appendix A1: Tables 42
Appendix A2: Examples of Product and Process Innovations 45
3 Employment Effects of Innovation Activities 47
3.1 Introduction 47
3.2 Theoretical Considerations 50
3.3 Survey: Previous Empirical Findings 53
3.4 Theoretical and Econometric Model 55
3.5 Empirical Analysis for Germany 61
3.6 International Comparison Between France, Spain, UK and Germany 89
3.7 Summary and Discussion of Results 108
Appendix B 113
4 Productivity Effects of Innovation Activities 118
4.1 Introduction 118
4.2 Literature Review 120
4.3 Econometric Model 132
4.4 Data Set 134
4.5 Empirical Implementation 136
4.6 Descriptive Analysis 140
4.7 Econometric Analysis 144
4.8 Conclusion 153
Appendix C 155
5 Persistence Effects of Innovation Activities 160
5.1 Introduction 160
5.2 Theoretical Explanations 163
5.3 What Do We Know So Far? Previous Empirical Findings 165
5.4 Data Set 167
5.5 Measurement Issues 169
5.6 Stylised Facts 170
5.7 Econometric Analysis 177
5.8 Conclusion 201
Appendix D1: Average Partial E ects 203
Appendix D2: Tables 206
6 Summary and Conclusion 209
Abbreviations 212
List of Figures 214
List of Tables 215
References 218